AllAnalyst Report
logoArgusJanuary 21, 2021

The Walt Disney Company: Raising target price to $200

Symbols
DIS
Sector(s)
Communication Services
Rating
Premium
Current Price
$193.94
Price Target
$NaN
Earnings Estimate
Premium
Summary

Walt Disney Co. is a global entertainment company. The company owns and leverages well-known brands, ranging from Mickey Mouse and 'Frozen' to ESPN and ABC. Disney acquired the animated movie producer Pixar Animation Studios in 2006, comic book and movie producer Marvel Entertainment in 2010, 'Star Wars' originator Lucasfilm in 2012, a 75% interest in streaming video technology platform BAMTech (now Disney Streaming Services) in 2017, the assets of 21st Century Fox in March 2019, and Hulu in May 2019. Disney derives 24% of its revenue from outside of North America and 12% from Europe.

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Analyst Profile

Joseph F. Bonner, CFA

Senior Analyst: Communication Services & Technology
Joe covers the Communication Services sector and selected software technology stocks for Argus. In 2010, he was named #5 Stock Picker for Telecom Services in the Wall Street Journal's Best on the Street Analyst Survey. In 2008, Joe was named #1 Stock Picker for Media: U.S. by the Financial Times and was second in the Wall Street Journal's Best on the Street Analyst Survey for Telecommunications: Fixed Line. For more than a decade, Joe worked with Technicolor Inc., where he focused on financial and legal issues. He received his Masters in Business Administration from Fordham University in New York, where he concentrated in Finance. He earned a BA in International Affairs from the George Washington University, and spent three years with the Peace Corps in Talgar, Kazakhstan, developing an English Language resource center and teaching students. Joe is a CFA charterholder.